How do I Get a Copy of a Life Insurance Policy From Met Life?
Your Met Life insurance policy contract contains important information that you will need to know while you are alive. For example, your insurance policy details the costs of your policy and how interest is credited to it. Without this information, you have to rely on the limited information you receive in your annual statement and premium bills, but you will not know what the policy's projected future cash value is. This is critical for some of Met Life's policies because the cash value can determine whether the policy remains in force or lapses. If you lose your policy, you'll need to know how to get a copy of it from Met Life.
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Instructions
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Locate your policy number, if possible. Policy numbers are printed on all of your bills. Check for the policy number on past premium bills. This will make finding your policy and getting a copy of it easier when you contact Met Life.
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Call Met Life customer service. You will need to speak to an individual who can send out a new policy and illustration for you.
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Request a copy of your life insurance policy along with an in-force illustration. The in-force illustration will show you how your policy is performing and how it has performed over the entire time you've had it in force. The in-force illustration is part of the original policy contract as an appendix to the contract, but does not typically come with a copy of the contract which is why you may want to request both.
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Tips & Warnings
When you receive your new policy, store it in a safe deposit box or some other secure location to prevent it from being misplaced. Also, make sure that you always have a copy of your last premium bill. This will provide critical information like your policy number if you ever need to request another copy of your insurance policy.
If you own a universal life insurance policy (including Met Life's variable universal life) that does not offer guaranteed cash value or secondary death benefit guarantees, your policy could lapse due to insufficient cash values. Even if your current policy statement shows sufficient cash values, the current expense charges could project a future policy lapse scenario. But you won't know whether this will happen or not without the policy illustration that comes with your life insurance policy contract.
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